Slaughter and May advised SEGRO plc (“SEGRO”) on its issuance of EUR 500,000,000 3.500 per cent. Notes due 24 September 2032 (the “Notes”) under its Euro Medium-Term Note programme. The Notes are rated A- by Fitch Ratings Limited.
Barclays Bank PLC, Banco Santander, S.A., SMBC Nikko Capital Markets Limited and Wells Fargo Securities International Limited acted as Joint Lead Managers in relation to the issuance. Additionally, Bank of China Limited, London Branch, BNP Paribas, Lloyds Bank Corporate Markets plc and NatWest Markets plc acted as Passive Lead Managers. Wells Fargo Securities International Limited acted as Stabilisation Manager.
SEGRO is a UK Real Estate Investment Trust, listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. As at 30 June 2024, it owned or managed 10.8 million square metres of space (116 million square feet) valued at £20.6 billion, serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.